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Cable Update (GBPUSD)

  • #463,501
  • Aug 9, 2018 5:51am Aug 9, 2018 5:51am
Quoting Ksth
Here we go 1.294 area then short again..good luck and green pips. =)
Looks fishy here.. I close my buy. .Wait to short again
  • #463,502
  • Aug 9, 2018 6:02am Aug 9, 2018 6:02am
Quoting Ill-b-back
{quote} Yeah, 2897 still acting as resistance at this point and may just drop to 2830 from here. Not sure it will reach the 2938-50 mark.
1hr rejection candles do not get much sharper

after a sly stop hunt

Come with me if you want to live....
  • #463,503
  • Aug 9, 2018 6:08am Aug 9, 2018 6:08am
Quoting Mr.N
{quote} This is my job since 2007 so I guess I have an idea what I am doing. lol.
Ok good luck then. I cant imagine what will happen to your account if they release breaking news regarding brexit. All of your position is counter the prior trend. As for example, the gbpnzd is currently trading at a key resistance area (1.97000) and consolidate since december last year. At any time given, this pair can fall. The resistance is too strong to break, thats why it is consolidate too long time. I wouldnt take any risk to buy this pair or any gbp pair until the brexit dust is clear. 1 more thing, the cross and the major didnt move together. The direction may be same but the time they move is different. Which 1 go first, which 1 go later. For now, looks like major has done its rally to the downside. Its time for the cross to start rally. Gbpaud and gbpcad already fall but gbpnzd not yet. If you really trading since 2007 u should know when to buy/sell the major, when to buy/sell the cross. Its not buy/sell every single pair in the same time
  • #463,504
  • Aug 9, 2018 6:29am Aug 9, 2018 6:29am
Quoting Ill-b-back
{quote} 1hr rejection candles do not get much sharper after a sly stop hunt
I believe Brexit fears can take it back to 1.28
  • #463,505
  • Aug 9, 2018 6:33am Aug 9, 2018 6:33am
Quoting Pipmasterfx
{quote} Ok good luck then. I cant imagine what will happen to your account if they release breaking news regarding brexit. All of your position is counter the prior trend. As for example, the gbpnzd is currently trading at a key resistance area (1.97000) and consolidate since december last year. At any time given, this pair can fall. The resistance is too strong to break, thats why it is consolidate too long time. I wouldnt take any risk to buy this pair or any gbp pair until the brexit dust is clear. 1 more thing, the cross and the major didnt...
My accounts big enough for this amount of position , and if its hits stop loss that ok man .
GBP\NZD profit is close.

I divide the risk in several different markets
Commodities Stocks Bonds Forex and Indices
When for example I short the NAS100 I will also Short DJ30 and SP500
The truth is that I do not have power to start writing a lot
Just adding my own analysis from time to time here for fun , that all.
  • #463,506
  • Aug 9, 2018 6:46am Aug 9, 2018 6:46am
[quote=Mr.N;11349672]{quote}
Will you think about this situation
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  • #463,507
  • Aug 9, 2018 6:51am Aug 9, 2018 6:51am
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  • #463,508
  • Aug 9, 2018 6:54am Aug 9, 2018 6:54am
[quote=sergo;11349711]
Quoting Mr.N
{quote} Will you think about this situation {image}
My stop loss at 1.2640 so he will hold this and then the AB=CD will jump the position back to profit
I always say that I use "big" stop
This is exactly why, equal distances should be calculated, trader positions should be calculated
Where did was they last buy? Why ? Where's the stop? Where do they setup the take profit?
Where is the most protected spot to put the stop loss?
who's against whom? Who holds a long position and where? Where did traders go out at a stop loss?
In short to know to predict the next Engulfing candle (Power) before it occurs
It's tricky to start listing and explaining, again I've just come to share a bit for fun, not wanting to start writing a lot.
  • #463,509
  • Aug 9, 2018 6:58am Aug 9, 2018 6:58am
[quote=Mr.N;11349741][quote=sergo;113497
I agree with you
Are you excellent trader I have nothing but respect you !
  • #463,510
  • Aug 9, 2018 7:21am Aug 9, 2018 7:21am
[quote=Mr.N;11349672]{quote}
Anyways A little advertisement for you Combining your trading Ideas with mine I managed to turn $120 into 35,000
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Thanks and good luck
  • #463,511
  • Aug 9, 2018 7:26am Aug 9, 2018 7:26am
[quote=sergo;11349862]
Quoting Mr.N
{quote} Anyways A little advertisement for you Combining your trading Ideas with mine I managed to turn $120 into 35,000 {image} {image} Thanks and good luck
Good job man ! I hope you open a WD
  • #463,512
  • Aug 9, 2018 7:34am Aug 9, 2018 7:34am
[quote=Mr.N;11349894]
Quoting sergo
{quote} Good job man ! I hope you open a WD
And it was a year ago , I took that 35 and turned it into 100sssss love u good luck .
  • #463,513
  • Aug 9, 2018 8:45am Aug 9, 2018 8:45am
The pound drop seems to have begun
  • #463,514
  • Aug 9, 2018 8:54am Aug 9, 2018 8:54am
Looks like a Gartley Pattern for long at 1min chart support by SMA300

I wait for the break of the high of the pattern to buy when I trade the 1min chart.
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  • #463,515
  • Aug 9, 2018 8:57am Aug 9, 2018 8:57am
Quoting Suj
The pound drop seems to have begun
Suj it started moons ago. try and retrace your chart on a 30M, 1H, 4H and weekly
  • #463,516
  • Aug 9, 2018 9:02am Aug 9, 2018 9:02am
GU Reopen long set SL

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  • #463,517
  • Aug 9, 2018 9:09am Aug 9, 2018 9:09am
Quoting Mr.N
Looks like a Gartley Pattern for long at 1min chart support by SMA300 I wait for the break of the high of the pattern to buy when I trade the 1min chart. {image} {image}
Yea looks like this pattern gonna work ^
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  • #463,518
  • Aug 9, 2018 9:43am Aug 9, 2018 9:43am
Sterling rose today, there was a strong support that was broken so I expect more to the downside.
  • #463,519
  • Aug 9, 2018 10:02am Aug 9, 2018 10:02am
Quoting interludebay
{quote} Suj it started moons ago. try and retrace your chart on a 30M, 1H, 4H and weekly
yeah i know but i was commenting just about today
  • #463,520
  • Aug 9, 2018 10:18am Aug 9, 2018 10:18am
Quoting Mr.N
Looks like a Gartley Pattern for long at 1min chart support by SMA300 I wait for the break of the high of the pattern to buy when I trade the 1min chart. {image} {image}
Let’s try this if it’s not than u know 128000
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